PLATINUM2023

JobsOhio

Ohio's Private Nonprofit Economic Development Corporation

aka JobsOhio   |   Columbus, OH   |  https://www.JobsOhio.com

Mission

JobsOhio is Ohio's private economic development corporation. Staffed by seasoned professionals with extensive private sector experience, JobsOhio works outside - but alongside - state and local governments. It is governed by a private board of directors and focuses on nine private economic sectors and the Military/Federal sector, principally making loans and grants to support business attraction, expansion, and retention efforts within the state. JobsOhio utilizes four strategies to drive economic development: Sites, Talent, Innovation, and Inclusion. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast-APEG, One Columbus, REDI Cincinnati, Regional Growth Partnership, and Team NEO.

Notes from the nonprofit

Led by its board of directors, JobsOhio is dedicated to the success of Ohio and the companies who invest in the state. To fulfill its mission of increasing capital investment and driving job growth, JobsOhio holds itself to the highest standards of accountability, transparency, integrity and ethical conduct. JobsOhio provides assistance to companies of all sizes that are starting, relocating or expanding in Ohio. Those companies then pledge to reach specific measurable metrics in a certain amount of time, which include jobs created and retained, payroll created and retained and fixed asset investments. Details of each agreement between JobsOhio and a company receiving incentives are shared publicly on our website once executed. Each year thereafter, companies submit reports indicating their progress toward meeting their commitments. JobsOhio uses these reports to monitor a company's performance and ensure compliance with the agreements.

Ruling year info

2014

President and Chief Investment Officer

J.P. Nauseef

Main address

41 S High St Suite 1500

Columbus, OH 43215 USA

Show more contact info

EIN

45-2798687

NTEE code info

Economic Development (S30)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2022, 2021 and 2021.
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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

JobsOhio is a private, nonprofit corporation designed to drive job creation and new capital investment in Ohio through business attraction. We have a vision to consistently lead the nation in private sector job growth which ultimately provides good paying jobs with benefits to the citizens of Ohio and the communities in which they reside.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Economic Development

JobsOhio is a private economic development corporation serving Ohio. We are staffed by seasoned professionals with extensive private sector experience and are governed by a private board of directors. Our mission is economic development. We work outside -- but alongside -- state and local government within Ohio.

Up until the end of 2019, JobsOhio was focused on nine (9) economic sectors, principally making loans and grants to support business attraction, expansion, and retention efforts within the state. In late 2019 we added a 10th key sector – Military and Federal. Our 10 targeted industries represent one-third of Ohio’s gross state product, just 22% of its employment, and 40% of Ohio’s payroll.

In addition to our work in 10 sectors, we utilize 4 strategies to drive economic development: Sites, Talent, Innovation, and Inclusion. We work in tandem with 6 regional partners and hundreds of local economic development organizations.

Population(s) Served
Adults

Where we work

Accreditations


Since 2019

Standards of Excellence - Ohio Association of Nonprofit Organizations 2018

Awards

#12 in Economic Climate 2017

Forbes

#2 in Quality of Life 2017

Forbes

No. 1 state for job creation in business investment projects 2017

Ernst & Young

Nonprofit Organization of the Year 2022

American Business Awards

Company of the Year 2022

Globee Awards

#2 Top State to Do Business: Infrastructure & #3 Top State to Do Business: Access to Capital 2022

CNBC

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of jobs created and maintained

This metric is no longer tracked.
Totals By Year
Related Program

Economic Development

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

These actual results show the number of jobs Project companies, in aggregate, reported having actually created at the end of their Metric year.

Number of clients who complete job skills training

This metric is no longer tracked.
Totals By Year
Related Program

Economic Development

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

These actual results show the number of employees Project companies, in aggregate, reported having actually trained at the end of their Metric year.

Number of dollars of private sector investments attributable to the organization's efforts.

This metric is no longer tracked.
Totals By Year
Related Program

Economic Development

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

Results show the dollar amount of fixed asset investment Project companies, in aggregate, reported having invested in Ohio at the end of their Metric year.

Number of employer partners offering jobs to clients

This metric is no longer tracked.
Totals By Year
Related Program

Economic Development

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Number of companies with project contracts (grant or loan) that reach their first year of metric commitment, called the Metric Evaluation Date, for purposes of reporting jobs, payroll and investment.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

JobsOhio is focused on driving private sector job creation and capital investment in the state of Ohio. Our goal is to lead the nation in this effort.

JobsOhio's leadership team, with over 200 years of industry experience, leverage business relationships to foster growth in the state. Through the JobsOhio model those relationships are built for long term and consistency.

Driven by a private-funding stream from spirituous liquor sales in the state of Ohio, JobsOhio leverages this funding to support loans and grants to companies with a focus on return on investment.

JobsOhio is led by a board of directors composed of nine proven leaders from some of America's most successful organizations. Their broad experience in management, fiscal responsibility and corporate governance, as well as their diverse perspectives and relevant industry experience, benefit JobsOhio in its mission to drive job creation and capital investment in Ohio.

In 2022, JobsOhio had another remarkable year. We executed hundreds of economic development deals that attracted, retained, or expanded 296 projects in our state.
• The agreements generated commitments of more than 26,000 jobs and secured a record-setting $1.8 billion in payroll and a high of $31.5 billion in new capital investment.
• Between year-end 2010 and Q3 2022, Ohio ranked 8th in employment growth and 21st in growth rate (20.2%) across targeted industries. Leading the way are industries such as logistics, information technology, healthcare, and financial services. During that time period, Ohio has added 203,000 jobs in targeted industries as sector, regional, and local partners continue to compete aggressively for attraction, expansion, and retention projects.

In 2022, JobsOhio posted 296 project wins. Some highlights include:
• Committed corporate capital project investments reached an astounding $30.87 billion, tripling the previous record of $9.56 billion set in 2017.
• Projects will create 26,323 new jobs, a total second only to the record 29,000 jobs secured in 2021.
• New jobs committed in 2022 are higher paying and will generate a record $1.84 billion in new payrolls, which will deliver a record $954 million in new annual payroll tax receipts to the Ohio treasury.
• Ohio jumped from #11 to #2 nationally in megaproject impact, securing four megaprojects, including Intel, Ford, Honda/LG Energy Solution, and Medpace.
• Ohio is now the top-ranked state in the Midwest for Foreign Direct Investments (FDI) after winning record-setting capital commitments in 2022, which brought in a record number of jobs

Since 2019
• project wins are up 12%
• new job generation jumped 7% (to 97,218)
• new capital investments soared by 76% (to $53 billion)
• new payroll grew 30% (to $5.6 billion) as compared to the 2015 – 2018 period.
Moreover, the value of JobsOhio projects continues to return more payroll tax to the state per incentive dollar than ever before, driving Return on Investment (ROI) to record levels. In fact, the net present value earned for Ohio per each JobsOhio full-time employee surged from $3.1 million in 2018 to $6.7 million in 2022.

Ohio has one of the most diverse state economies in the U.S. and is diversifying at a faster pace than the rest of the Midwest, making it better positioned to weather economic headwinds. The capital investments secured in 2022 accelerated this trend, and more opportunities are coming. Currently, more than one dozen megaprojects (as of May 2023) are in active discussions, marking a 700% increase compared to JobsOhio’s annualized average. Four of these projects could bring more than 1,000 jobs
each, and our pipeline of other significant projects continues to expand.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

JobsOhio
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
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  • Compare nonprofit financials to similar organizations

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

JobsOhio

Board of directors
as of 09/07/2023
SOURCE: Self-reported by organization
Board chair

Robert Smith

Partner and Cleveland Market Leader, Cerity Partners LLC

Term: 2019 - 2023

John J Bishop

Encova Insurance

Thomas L Williams

North American Properties

John P. Nauseef

JobsOhio

Jerry Sue Thornton

DreamCatcher Educational Consulting Service

Richard J Platt

Heath-Newark-Licking County Port Authority

Lester L Lyles

General (ret.) USAF

Scott A Sullivan

Veteran, USAF, Strategic Consultant

Lori M Gillett

CK Construction

Robert C Smith

Cerity Partners, LLC

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 5/24/2020

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Decline to state
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 05/24/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.